Thursday, November 27, 2008

For true success in Real Estate you have to build a system

By Jesse Davis

When you decide that you truly want to be successful in real estate investing and get into it full time, or even if you want to be really good at it part time, then you have to build systems. Systems for everything.

You certainly need to have the following systems: 1. Lead generation (for buying houses and finding buyers for your deals); 2. Lead processing (a system to handle the leads once you get them); 3. Closing system. The most important of them is the system to handle your buyers.

Set up a system that attracts to you the buyers looking for the kind of deals you have. Among all things, it must be able to whittle them down. Meaning, the system should separate tire kickers from true buyers, so that you don't have to respond to everyone who shows just a little interest. If you don't have this system, you will not be selling a lot of properties and you will be wasting a lot of time.

Make sure to build these systems. Take the time to do it. I know most investors are too busy trying to do deals. The problem is they never take the time to build the systems and, therefore, they never seem to get to the point they want to be at as an investor.

Build the system and it will help your business grow. The time you spend doing it is well worth it, I guarantee it! - 16089

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